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JPMorgan Chase To Buy Boston FinTech 55ip

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Morgan Asset Management has announced that it has agreed to acquire FinTech 55ip , which works to help financial advisors deliver tax-smart investment strategies, according to a press release. The release stated 55ip will still operate as its own separate company, but it will have the "full support" of J.P.

Boston 228
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Santander Adds Three Lending Executives

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Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Patrick Smith was named head of Small Business Banking. Smith holds a B.S.

Lending 160
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CEO Atul Gawande Takes New Role At Haven Heathcare Joint Venture

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Atul Gawande will resign as Haven’s CEO to serve as chairman of its board of directors, the Boston-based organization announced on Wednesday (May 13). This will elevate my focus from daily management to supporting Haven’s strategy, board, and leadership. s Optum unit.

Boston 130
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Amazon Tracker: Strategies And Partnerships Deliver

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The eCommerce giant has reportedly been in talks with middle market pharmacy benefit managers to arrange a contract. The Hilton hotel chain is now allowing its customers to redeem their Hilton Honors rewards points via Amazon, making it the first hotel operator to offer such an ability. Three Cheers For New Alcohol Delivery Strategy.

Strategy 102
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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

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The API supports setup, verification and initiation of direct debit, with the bank’s head of global liquidity and cash management Yvonne Yiu pointing to the cash management benefits such a tool could bring to businesses. The Bank of Thailand said it will begin development next month and aims to complete it by the end of the year.

Fraud 266
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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

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the Federal Reserve Bank of Boston said, “To date, U.S. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. It’s part of that “stand back” posture the Boston Fed noted in its March brief. isn’t in the lead here, which is okay.

US 171
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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

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The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. Now is the time to develop a more coherent digital strategy to decide where to play and how to invest.”. The financial stakes are very high,” he continued.

Boston 109